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Oil prices set to plunge in wake of failed Doha deal

Saudi Arabia's Minister of Oil and Mineral Resources Ali al-Naimi, center, arrives for the OPEC meeting in Doha, Qatar, on April 17, 2016.

Oil prices are set to tumble on Monday after major producers failed to reach a much anticipated deal to freeze crude output, analysts said.

At a meeting in Doha on Sunday, oil producers that supply nearly half...